Using Annual Worth Analysis which alternative should we select?

No use of Excel Pleaseee

Problem (6): Consider the following three mutually exclusive alternatives. MARR is 10%. Alternative 1 Alternative 2 Alternative 3 Alternative 4 Initial investment 12,000 16,500 20,000 14,500 Annual yielded returns $4,700 $5,200 $5,000 increasing by $5,000 increasing by 500 each year 10% each year thereafter thereafter $1,500 $2,000 3 $1,000 Salvage Value Service life $1,000 6 3 Problem (6): Consider the following three mutually exclusive alternatives. MARR is 10%. Alternative 1 Alternative 2 Alternative 3 Alternative 4 Initial investment 12,000 16,500 20,000 14,500 Annual yielded returns $4,700 $5,200 $5,000 increasing by $5,000 increasing by 500 each year 10% each year thereafter thereafter $1,500 $2,000 3 $1,000 Salvage Value Service life $1,000 6 3